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US Industrial Production Stagnates as Factory Output Declines /
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2024-05-30 16:07:18

US Industrial Production Stagnates as Factory Output Declines on Nostr: US GDP Growth Revised Down to 1.3%, Consumer Spending May Be Losing Momentum ...

US GDP Growth Revised Down to 1.3%, Consumer Spending May Be Losing Momentum
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#2bef6d19 ver:0.39

US GDP growth revised down to 1.3% in Q1 2024, signaling a slowdown in the economy. Consumer spending, particularly on goods, has lost momentum. However, business and residential investment remain strong. Inflation and job market show resilience. Uncertain outlook may delay interest rate cuts. #USGDP #ConsumerSpending #EconomicOutlook...

#newstr #UsEconomy #GdpGrowth #ConsumerSpending #Inflation #JoblessClaims

https://here.news/story/2bef6d19?ver=0.39
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